Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Stock Rated “Moderate Buy” by Wall Street Brokerages

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) has been given a consensus rating of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms recently weighed in on UMICY. Berenberg Bank cut Umicore from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Kepler Capital Markets cut shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Umicore in a report on Friday, June 19th.

Umicore Stock Down 0.9%

OTCMKTS:UMICY opened at $6.00 on Friday. Umicore has a 1 year low of $4.08 and a 1 year high of $7.68. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.99. The stock has a 50-day simple moving average of $6.37 and a 200-day simple moving average of $6.01.

About Umicore

Umicore is a Belgium-based materials technology and recycling group serving customers in the automotive, energy, electronics, industrial and consumer goods markets. The company develops and produces materials used in clean mobility, energy storage, emissions control and other industrial applications, while also recovering valuable metals from industrial residues and end-of-life products.

Its activities include battery materials, such as cathode active materials and related products for rechargeable batteries; automotive and industrial catalyst technologies; and precious-metals refining and recycling.